WSP Global Inc (WSP) Given Average Recommendation of “Buy” by Analysts
WSP Global Inc (TSE:WSP) has received an average recommendation of “Buy” from the eight analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$59.00.
Several analysts recently weighed in on WSP shares. CIBC lifted their price target on shares of WSP Global from C$51.00 to C$54.00 in a report on Monday, July 10th. TD Securities raised their price objective on WSP Global from C$58.00 to C$59.00 and gave the company a “buy” rating in a research report on Thursday, August 10th. Canaccord Genuity lowered WSP Global from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Royal Bank Of Canada reissued an “outperform” rating and set a C$64.00 price objective on shares of WSP Global in a research report on Monday, October 23rd. Finally, Raymond James Financial, Inc. raised their price objective on WSP Global from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research report on Wednesday, August 16th.
The firm also recently announced a quarterly dividend, which was paid on Sunday, October 15th. Shareholders of record on Saturday, September 30th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Thursday, September 28th.
In other WSP Global news, Director Suzanne Rancourt bought 1,000 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was acquired at an average price of C$50.00 per share, with a total value of C$50,000.00. Also, Director Louis-Philippe Carrière bought 600 shares of the firm’s stock in a transaction on Friday, August 18th. The stock was acquired at an average cost of C$50.18 per share, with a total value of C$30,108.00.
About WSP Global
Wsp Global Inc is a Canada-based professional services company. The Company’s segments are Canada, Americas, EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.
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